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done here on the floor of the new york stock exchange, bob is here once again. we are held hostage to washington and it is a friday and as you mentioned, the witch going on today. very heavy volume. this is a dangerous market for a lot of investors today. >> yeah. right now the risk is do the down side. unfortunately, the reid, pelosi, mcconnell, dualing pressers, added nothing to the information flow. and unfortunately, didn't do much for the dow or the overall markes to the lift them off of their lows. take a look at dow industrials. big problem is we broke below early morning lows at about 11:30. that's not a good sign. because traders who buy in, trying to trade around the low positions of the day see that, and it makes them much more nervous. hard for us to lift in the middle of the day. take a look at major sectors of big movers recently in the bank stocks and all of the home building stocks, the ones down the most. and of course, the havens, dollar and gold are up today. believe it or not, we hit the highest levels in the vicks. sue? >> thank you. >>> up
done here on the floor of the new york stock exchange, bob is here once again. we are held hostage to washington and it is a friday and as you mentioned, the witch going on today. very heavy volume. this is a dangerous market for a lot of investors today. >> yeah. right now the risk is do the down side. unfortunately, the reid, pelosi, mcconnell, dualing pressers, added nothing to the information flow. and unfortunately, didn't do much for the dow or the overall markes to the lift them...
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bob, you've known senator kerry for a long time. what's your reaction to today's announcement? >> well, i think the president had the right line. he's the perfect choice. he's the perfect choice for three reasons. first, hillary clinton and her service in that role has changed the nature of it. people around the world have come to expect a very larnl, a very senior figure as secretary of state. people look at him and say he was almost president of the united states. they know him. they take him very seriously. secondly, reverend, as you know because you were in all of those debates with him, he has an extraordinary mastery of foreign policy. he understands it. he also understands how to move things. and, third, he has a remarkable coolness under pressure. when everybody wrote us off, he said he had no chance for the nomination. he just kept going, had no press following us. never once did i see him lose his temper. he knew what he was doing. he knew he was going to stick to his course and he never, ever got pushed off. i think that's a really important quality to have in americ
bob, you've known senator kerry for a long time. what's your reaction to today's announcement? >> well, i think the president had the right line. he's the perfect choice. he's the perfect choice for three reasons. first, hillary clinton and her service in that role has changed the nature of it. people around the world have come to expect a very larnl, a very senior figure as secretary of state. people look at him and say he was almost president of the united states. they know him. they...
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i mean, was bob casey talking about that? the fact you can buy a gun over ruling out the possibility of some gun control legislation, but catch his act. this is what the republican party has been brought down to. they have to kiss the butt of the gun guys. take a look. >> we join the president in mourning the victims of the horrible tragedy in connecticut. he's appointed vice president biden to lead a commission. when the vice president's recommendations come forward, we'll certainly take them into consideration. at this point i think our hearts and souls ought to be to think about those victims in this -- >> so you're hoping -- >> did you catch that, ron? that the we're not supposed to think about gun control. we're supposed to think about how terrible what happened is but don't think about why it may have happened or what could be done to stop it from happening. that would be desecrating the memory. you know, these guys hide behind this. they say don't think about what caused it. show reverence. it seems to me consider it t
i mean, was bob casey talking about that? the fact you can buy a gun over ruling out the possibility of some gun control legislation, but catch his act. this is what the republican party has been brought down to. they have to kiss the butt of the gun guys. take a look. >> we join the president in mourning the victims of the horrible tragedy in connecticut. he's appointed vice president biden to lead a commission. when the vice president's recommendations come forward, we'll certainly take...
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i mean, was bob casey talking about that? the fact you can buy a gun over here at this gun dealer and you have to go through a background check. you cross the street to the gun show, no background check. where are crazy people and criminals going to buy their guns? >> why do we have to have gun shows? >> good question. >> a gun show. >> so people -- so people can buy guns without a background check apparently. >> erin, there's a problem there. i have to tell you we have a supreme court which is slap happy. we have a supreme court that believes in the purest definition, purest interpretation of the second amendment. forget the militia, give everybody a gun. how do you say you have to learn how to drive a car. that's the law because driving a car is a license, not a right. to get on the highways is considered a privilege. holding a gun at any age at any time for any reason seems to be a right by the definition of the supreme court. >> okay. well, we are also a little bit far away from having a new law be tested by the supreme c
i mean, was bob casey talking about that? the fact you can buy a gun over here at this gun dealer and you have to go through a background check. you cross the street to the gun show, no background check. where are crazy people and criminals going to buy their guns? >> why do we have to have gun shows? >> good question. >> a gun show. >> so people -- so people can buy guns without a background check apparently. >> erin, there's a problem there. i have to tell you we...
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i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes down. i.c.e. does not pay a dividend, but the nyse does. i.c.e. did commit to paying a dividend yesterday, $3 must know million is what they committed. that's very good news for nyse share hold erts. the second thing is, 28% premium for nyse shareholders. that premium is based on some significant cost energies. that's a fancy word for generally head count reduction. they were talking about $300 million in additional cost reduction on top of what they're already doing. so a lot of my friends up hstai at the nyse a little nervous about what that means for 2013. guys, back to yo
i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes...
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former senator bob dole is among those paying respects yesterday. he two met in an army hospital after being wounded in world war ii and served in congress together for almost 30 years. >>> bernie madoff's brother says he is deeply ashamed he took part in the infamous multi billion dollars ponzi scheme. peter madoff was sentenced to ten years in prison yesterday in new york on charges of conspiracy and falsifying records. bernie madoff is serving a 150 year prison term. >>> finally, we're still here. these pictures are from a ceremony led by mayan priests in guatemala marking the end of the mayan calendar, aka, what was supposed to be the end of the world. no word on what doom sayers camped out at this mountain in france are doing today. they have been there for days believing that when the end of the world came a ufo would come to the mountain and rescue them. >>> got milk? you could be in for a major shock. mandy is here with what's moving your money. prices, i saw this headline and couldn't believe it. 6 to $8 a gallon? >> it is unbelievable. tha
former senator bob dole is among those paying respects yesterday. he two met in an army hospital after being wounded in world war ii and served in congress together for almost 30 years. >>> bernie madoff's brother says he is deeply ashamed he took part in the infamous multi billion dollars ponzi scheme. peter madoff was sentenced to ten years in prison yesterday in new york on charges of conspiracy and falsifying records. bernie madoff is serving a 150 year prison term. >>>...
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we did, bob. we did. got it. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. >>> sometimes when a company stumbles, a strength of underlying themes take tibco. back on december 5th, tibco did drop the ball. company preannounced a downside. credit where credit is due, they didn't make excuses. they said their sales force didn't do a good enough job. days to follow it wasn't so strong. normally after negative preannouncement my rule of thumb is to stay away for a couple quarters to see if management has a handle on things. results were slightly better than expected which is why the stock jumped up 1.62. up 14% from where it was in wake of the reannouncemen
we did, bob. we did. got it. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. >>> sometimes when a company stumbles, a strength of...
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bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> to chew on this we bring in our pam. heather and interesting our congressmen, at least one of them, wanted to know why the republican party is going through this plan b exercise. that was conservative house member jim jordan. why are they going through this? >> well, one alterly sympathizes with his point of view. he had great legislation. tried to bring it up again in a current form. the reason that they're going through it is that the republican party has essentially two pieces. it has the highly conservative fisk fisk cale fisca
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of...
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bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us onl
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and...
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we will see whether or not it will be a successful effort by bob corker. host: this is from tony irvine -- guest: it is a complicated story. what happened was the obama administration came in in 2009 with an increase the importance and relevance of diplomacy and development alongside the fed's. they requested huge increases for the state department, especially in iraq, afghanistan, and pakistan, where the wars are ongoing. they receive those increases. in 2010, the situation changed when the house was taken over by the republicans. all told, they are a bit ahead of where they were when the obama administration came in, and that is not to say that things have not gotten more complicated. the responsibility falls on the state department. how are they supposed to protect all the people they have there? these are serious and expensive issues. while the state department has seen some problems, they are under attack? never before. host: guest: ambassador stevensow into benghazi in the middle of the revolution in 2011 and started to help the rebels, which at that
we will see whether or not it will be a successful effort by bob corker. host: this is from tony irvine -- guest: it is a complicated story. what happened was the obama administration came in in 2009 with an increase the importance and relevance of diplomacy and development alongside the fed's. they requested huge increases for the state department, especially in iraq, afghanistan, and pakistan, where the wars are ongoing. they receive those increases. in 2010, the situation changed when the...
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i have the exact guest we need today, tennessee senator bob corker. welcome, bob corker. i want to start out with a little bit here, know your players. when i go to a game i buy a program so you know the players. but misrepresenting the outcome of the election, listen, the president, more on social issues, the people of this country are concerned about deficits too. there was no mistake the power still remains to the fiscal conservatives in the house. by dismissing the fact that when you spend $3.8 trillion and it results in going to be four years running of over $1 trillion deficits, to talk about $70 billion of savings or deficit reduction by taxing the upper 2%, the 7% nonsolution, well, they didn't take them serious. the media spins it and this is what happens. i'm not surprised by the vote, senator. are you? >> republicans are unified wanting to reduce spending and especially focus on entitlement reform. so it is amazing, rick, in a country as great as ours where every developed country in the world knows our greatest threat is solvency, fiscal solvency, that we have
i have the exact guest we need today, tennessee senator bob corker. welcome, bob corker. i want to start out with a little bit here, know your players. when i go to a game i buy a program so you know the players. but misrepresenting the outcome of the election, listen, the president, more on social issues, the people of this country are concerned about deficits too. there was no mistake the power still remains to the fiscal conservatives in the house. by dismissing the fact that when you spend...
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other thing that's disturbing that came out today and one of the senators mentioned this i think it was bob corker that people talk about well we need more money. john kerry brought this up. you can't cut the state department budget. senator corker from tennessee said look, we don't even know how the priorities are set at the state department because they are not telling us anything. nor do we know how far along they are in actually apprehending the people who did this and killed these people. our brave americans. we don't have anyone in custody apparently who we believe is at the center of all of this. i mean, someone in jail and morocco. is he still there? i mean, i don't think anyone knows anything. >> bill: there has been no information forth coming. you know, we asked secretary clinton to get involved with the marine case. the hammar case in mexico. and nobody can find her. i don't know. this is pretty spooky. and, remember, she will testify in january any say. she is out of there. her approval rating still hovers at 60%. 60% of the people still think she is doing a good job. >> her ap
other thing that's disturbing that came out today and one of the senators mentioned this i think it was bob corker that people talk about well we need more money. john kerry brought this up. you can't cut the state department budget. senator corker from tennessee said look, we don't even know how the priorities are set at the state department because they are not telling us anything. nor do we know how far along they are in actually apprehending the people who did this and killed these people....
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let's get straight down to the nyc with bob. i guess the mark set expecting a deal to be done, right? >> yeah. i want to pointous, this is a very tough close and tough one to call. we have a quadruple witching expiration and rebalancing a 59 close with s&p 500. this happens four times a year. you often get volatility around that close. 188 is the low and problem has been, we hit our lows here. right at open. then broke below them in the middle of the day. that's about 11:30. that spooked a lot of people. people are trading once you break below that, mandy, it is a real problem. i have a hard time imagining we will go that way. most people don't bet it. that's a high probability of that happening. but it is a tough call right now. generally the feeling is it should stay down at this point going into the close. let's look at pros and cons for next week. that's what everybody is trying to figure out. how about the upside? there is a deal to be announced ncht next few days. we've had strong gains on the year with six days left. unli
let's get straight down to the nyc with bob. i guess the mark set expecting a deal to be done, right? >> yeah. i want to pointous, this is a very tough close and tough one to call. we have a quadruple witching expiration and rebalancing a 59 close with s&p 500. this happens four times a year. you often get volatility around that close. 188 is the low and problem has been, we hit our lows here. right at open. then broke below them in the middle of the day. that's about 11:30. that...
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. >> and you, as well, bob. thank you so much. >>> fiscal cliff concerns slamming stocks through the day with just ten days remaining to make a deal and avoid tax increases and springent spending cuts. house speaker john boehner says talks will continue. republicans said they would oppose it if it came to a vote. that includes our next guest, congressman mick mulvaney, republican from south carolina joins me now from capitol hill. sir, good to have you on the program. thanks for joining us. >> thank you very much for having me. >> if a deal is not struck by december 31st. taxes will go up on everybody. would you rather go over the cliff than go over the cliff? >> honestly, i don't think the two things are linked. if we had voted for plan b last night, no one is able to convince me it would have worked. the president said he would veto it. i don't know why we don't take those folks at their word. you think you would have seen a different outcome last night if the senate had approved what we were looking at. we we
. >> and you, as well, bob. thank you so much. >>> fiscal cliff concerns slamming stocks through the day with just ten days remaining to make a deal and avoid tax increases and springent spending cuts. house speaker john boehner says talks will continue. republicans said they would oppose it if it came to a vote. that includes our next guest, congressman mick mulvaney, republican from south carolina joins me now from capitol hill. sir, good to have you on the program. thanks for...
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secretary bob gates said it is in the international security. is that theater? is the national debt and illusion? americans do not think so. today we will start acting. we will start acting and we will do something else -- we will cut taxes. we will defer the tax cut. except for the millionaires, those making over $1 million. we will let those tax rates go back up, which is exactly what nancy pelosi proposed. we will take her proposal. and mr. van hollen says it will not give one a democratic road or something -- for something your leader proposed three months ago. that as political theater, mr. van hollen. >> thank you, mr. speaker. i wish the outgoing chairman of financial services well. this policy did not make the tax proposal that would -- nancy pelosi did not have a tax proposal that would give people earning over $1 million in tax break. no. 2, the proposal the president has put on the table has trillions of dollars of cuts, which is more than in the cuts on the table and would deal with the sequestered. the republican proposal will increase the likelihoo
secretary bob gates said it is in the international security. is that theater? is the national debt and illusion? americans do not think so. today we will start acting. we will start acting and we will do something else -- we will cut taxes. we will defer the tax cut. except for the millionaires, those making over $1 million. we will let those tax rates go back up, which is exactly what nancy pelosi proposed. we will take her proposal. and mr. van hollen says it will not give one a democratic...
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rhetoric and step down together the way ronald reagan and tip o'neill did, the way clinton did with bob dole, and newt gingrich. there is a long history of this. it means people getting into a room and preventing we all want to prevent, and if we share the same goal, there should be a way for us to reach 8. i am sorry that the house yesterday was unable to pass that the dissolution, which was obviously a rebuke to their leader, but hopefully over their recess, when the come back after christmas, there will be cooler heads prevail in, and the president will begin serious negotiations. thanks. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> the president has announced he is gone to make a statement in about 20 minutes on the fiscal cliff. we will take you live to the white house briefing room, settle for 5:00 p.m. or from the white house earlier today when the president nominated each senator john kerry to be secretary of state. he and his wife to join the president for the announcement in the white house roosevelt room.
rhetoric and step down together the way ronald reagan and tip o'neill did, the way clinton did with bob dole, and newt gingrich. there is a long history of this. it means people getting into a room and preventing we all want to prevent, and if we share the same goal, there should be a way for us to reach 8. i am sorry that the house yesterday was unable to pass that the dissolution, which was obviously a rebuke to their leader, but hopefully over their recess, when the come back after...